Section 1452 Of Chapter 10. Central Coast Veterans Cemetery From California Military And Veterans Code >> Division 6. >> Chapter 10.
1452
. (a) On or before July 1, 2014, and annually thereafter, the
Controller, after consultation with the department, shall report to
the Assembly and Senate Committees on Veterans Affairs, Monterey
County, the City of Seaside, and the Fort Ord Reuse Authority on the
status of the Endowment Fund, the amount of any interest and
investment earnings generated by the Endowment Fund, and the
estimated amount needed that will sufficiently cover the estimated
annual operations and maintenance costs.
(b) The estimated annual operations and maintenance costs shall be
developed annually by the department and provided to the Controller
for purposes of the report required by subdivision (a) by no later
than June 15 of each year.